Forex Market Daily Technical Analysis of GBP/USD

Daily Pivot Point of EUR/JPY Chart in 30M Time Frame is: 176.5 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 176.5 with first target at 177.96 and second target at 178.34 in extension as take profits.

Daily Pivot Point of EUR/GBP Chart in 30M Time Frame is: 0.8393 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 0.8393 with first target at 0.8369 and second target at 0.8363 in extension as take profits.

Daily Pivot Point of GBP/JPY Chart in 30M Time Frame is: 211.28 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 211.28 with first target at 212.3 and second target at 212.59 in extension as take profits.

Daily Pivot Point of NZD/USD Chart in 30M Time Frame is: 0.566 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 0.566 with first target at 0.569 and second target at 0.5699 in extension as take profits.

Daily Pivot Point of EUR/JPY Chart in 30M Time Frame is: 176.5 and Preferred situation is Bullish. Our Preferred Senario is Long Positions (Buy) above 176.5 with first target at 177.96 and second target at 178.34 in extension as take profits.

Daily Pivot Point of EUR/GBP Chart in 30M Time Frame is: 0.8393 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 0.8393 with first target at 0.8369 and second target at 0.8363 in extension as take profits.